MT. LAUREL, N.J., Jan. 24, 2008 (PRIME NEWSWIRE) -- Automotive Resources International (ARI(r)), a leading global fleet solutions provider specializing in complex car and truck fleets, has launched a dynamic vehicle remarketing benchmarking system as part of its continuing enhancements to its client access system, ARI insights(r).
Clients can now see sale analysis data in real time to know instantly how their fleet is performing. Clients can access the system under the Vehicle Remarketing section of ARI insights to find the Black Book Commercial Index (BBCI), retention and depreciation percentages, as well as the standard detail of unit counts, sale price, capitalized cost, months in service and mileage. The system displays a high level data view with a single keystroke, while easy drill downs allow the user to see more detail at the sale channel or vehicle level. The preset screen shows the comparative results achieved at all markets including auction, internet sales, dealer direct sales, and client directed sales. Users can customize the screen to bring in more specific sub-segments such as sales generated through ARI Virtual Market including ARI's privately labeled daily internet sale, ARIAutoDirect, ARITruckDirect, remarketing centers, eBay, auction-hosted simulcast or internet sales and upstream employee sales. Additionally, clients can utilize a wide variety of filter options to analyze performance. Filters include division, vehicle type, sale type, time frame and the ability to exclude wrecked vehicles from reporting.
The new Sales Benchmarking system, coupled with the existing Vehicle Sales Status, Termination, and Market Value Pricing systems, provides clients with important vehicle remarketing tools. According to Jennifer Schade, Manager of Vehicle Remarketing, "Now, with daily access to end-of-life-cycle information, Fleet Managers can make more informed decisions regarding their future replacement cycles. Their review of our comprehensive sale channel information will highlight the advantages of our multi-channel utilization and how incorporating ARI's upstream employee sale program into their overall remarketing strategy can provide excellent results."
About ARI
ARI, a subsidiary of Holman Enterprises based in Mt. Laurel, N.J., is an industry leader and the largest privately-held fleet leasing and management company in the world. As a single-source fleet management leader, ARI customizes innovative solutions that streamline fleet operations, help lower the cost of fleet ownership and create long-term value for customers.
Today, with a workforce numbering more than 1,100 and offices throughout the U.S., Canada, Mexico, Puerto Rico and Europe, the company manages more than 2,000 fleets (over 600,000 autos and trucks) in North America and, combined with its strategic partners, more than 2 million fleet vehicles globally.